President Mirziyoyev Urges U.S. Businesses to Step Up Investments in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) — At the conclusion of his working visit to Washington, President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting with representatives of leading U.S. companies, investment funds, and financial institutions.

The event gathered U.S. Secretary of Commerce Howard Latnick, Special Assistant to the President Ricky Gill, Presidential Envoy Paolo Zampolli, Deputy Secretary of Agriculture Stephen Vaden, leaders of the American-Uzbek Chamber of Commerce, and top executives from major corporations including Traxys, FLSmidth, McKinsey, Meta, Google, Amazon, Boeing, Air Products, Axiom Space, Cove Capital, Freeport-McMoRan, Orion CMC, Cargill Cotton, John Deere, Honeywell, Valmont Industries, Flowserve Corporation, and others.

In his opening remarks, President Mirziyoyev noted that over the past eight years, trade turnover between Uzbekistan and the United States has quadrupled, while more than 300 American companies now successfully operate in Uzbekistan. He emphasized that this growing cooperation marks only the beginning of a new phase that opens vast opportunities for joint projects. The President added that during his upcoming meeting with U.S. President Donald Trump, specific areas of economic partnership and new initiatives will be discussed.

Mirziyoyev outlined key sectors of strategic cooperation between the two countries. By 2030, Uzbekistan aims to establish a next-generation energy system with 18–20 gigawatts of renewable capacity, with over half of total electricity generated from solar and wind sources.

In this context, both sides intend to expand cooperation in the extraction and deep processing of uranium, copper, tungsten, molybdenum, and graphite, establish sustainable supply chains, and adopt advanced U.S. processing technologies.

Particular attention was given to modernizing Uzbekistan’s automotive and railway networks, terminals, and airports. More than US$12 billion will be invested in transport infrastructure development by 2030.

Digital partnership is also advancing rapidly, with Google, Meta, and NVIDIA actively engaged in Uzbekistan. Apple Pay and Google Pay are being introduced, alongside the creation of a Digital Academy and a network of startup hubs. To finance such projects, resources from the U.S. International Development Finance Corporation (DFC) and Eximbank will be mobilized.

Concluding the meeting, President Mirziyoyev reaffirmed his personal commitment to supporting U.S. investment initiatives, stressing that Uzbekistan remains a reliable partner and a guarantor of success for foreign investors.